Zumbrota, Goodhue County, Minnesota Property Taxes

Name: Property Tax Bills Across Zumbrota, Goodhue County, Minnesota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Zumbrota, MN effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Minnesota state median of 1.11%.
Median Zumbrota, MN home value: $288,750
Median annual Zumbrota, MN tax bill: $3,438, $1,038 higher than the national median property tax bill of $2,400.

How are property taxes in Goodhue County calculated?

Property taxes in Zumbrota, MN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Zumbrota’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Zumbrota, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Zumbrota, Goodhue County, Minnesota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$4,055

$3,763

Ownwell’s Zumbrota Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Zumbrota with just two data points.

By entering your property's estimated assessed value, our calculator applies Zumbrota’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Goodhue County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Zumbrota, Goodhue County, Minnesota

Local government entities set tax rates, which can vary widely within a state. This variation is attributed to the fact that each county annually estimates its required budget for providing services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Zumbrota in Goodhue County, Minnesota, has an effective property tax rate that aligns with the county's median rate of 1.25%. This rate is notably higher than the national median property tax rate of 1.02%. The consistency of the tax rate across various zip codes in Zumbrota reflects a uniform approach in property taxation within the area. When compared to the national median property tax bill of $2400, Zumbrota's tax rate indicates a relatively higher financial commitment from property owners. Understanding these rates is crucial for homeowners looking to manage their property tax liabilities effectively.

Property Tax Rates Across Zumbrota, Goodhue County, Minnesota

Source: Ownwell

0.57%

1.05%

1.53%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Zumbrota Tax Rate

1.34%

Median Effective Goodhue County Tax Rate

1.23%

Median Effective Minnesota Tax Rate

1.13%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Zumbrota, Goodhue County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
55992	1.00%	1.21%	1.34%	1.40%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Zumbrota, Goodhue County, Minnesota

When examining property taxes in Zumbrota, MN, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Goodhue County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Goodhue County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Zumbrota.

For example, the median home price in Zumbrota is $288,750, with tax bills ranging significantly across the county. 55992 has the highest median home price at $288,750.

Property Tax Assessment Values Across Zumbrota, Goodhue County, Minnesota

Source: Ownwell

$159,200

$321,150

$483,100

Median Zumbrota Market Value

$302,600

Median Goodhue County Market Value

$282,400

Median Minnesota Market Value

$304,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Zumbrota, Goodhue County, Minnesota

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
55992	$115,840	$216,075	$302,600	$422,925	$569,830

Source: Ownwell

Property Tax Bills Across Zumbrota, Goodhue County, Minnesota

In Zumbrota, located in Goodhue County, MN, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is determined by the local assessor's office and reflects the market value of the home. Factors such as property size, location, and market trends influence this assessment. Homeowners in Zumbrota face a median tax bill of approximately $3,438, which is above the national median of $2,400. This can place a significant financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. However, homeowners can potentially reduce their tax bills by appealing their property's assessed value. Ownwell offers expert property tax appeal services to help homeowners navigate this process. By leveraging local market data and expertise, Ownwell can identify inaccuracies in assessments and work to secure a fairer tax bill, ultimately helping homeowners save money and reduce their financial burden.

Property Tax Bills Across Zumbrota, Goodhue County, Minnesota

Source: Ownwell

$1,792

$3,155

$4,517

Median Zumbrota Tax Bill

$3,638

Median Goodhue County Tax Bill

$3,114

Median Minnesota Tax Bill

$3,364

Median United States Tax Bill

$2,400

Property Tax Bills Across Zumbrota, Goodhue County, Minnesota

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
55992	$837	$2,622	$3,638	$4,922	$6,503

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 30

Links
Goodhue Tax Assessor
Website	publicaccess.goodhuecountymn.gov